Stock Option Act definition

Stock Option Act shall only apply to employees who by virtue of applicable choice of law rules fall within Danish employment law regulations and the scope of the Danish Stock Option Act.

Examples of Stock Option Act in a sentence

  • The same applies in those instances mentioned in the Stock Option Act, section 4(2) (resignation due to age/retirement) and section 4(3) (resignation due to material breach on the part of the Company).

  • The same applies in those instances mentioned in the Stock Option Act, section 4(2) (resignation due to age/retirement) and section 4(3) (resignation due to mate- rial breach on the part of the Company).

  • In case the Salaried Employee resigns from his/her position in the Company due to his/her own termination or due to the Company's termination of the Salaried Em- ployee's employment with the Company, the Salaried Employee's position will be as laid down in sections 4 and 5 of the Stock Option Act.

  • For more, see the amendment to the Danish Stock Option Act of 3 October 2018, which entered into force on 1 January 2019.DENMARK 1074.5.3 Employees’ inventions and non-competeAll employees are subject to a duty of loyalty and duty of confidentiality during their employment.

  • In case the Salaried Employee resigns from his/her position in the Company due to his/her own termination or due to the Company's termination of the Salaried Employee's employment with the Company, the Salaried Employee's position will be as laid down in sections 4 and 5 of the Stock Option Act.

  • From an employment law perspective, employee equity is regulated by three different sets of rules, the Stock Option Act (SOA), the Salaried Employees Act (SEA) and the Contracts Act.

  • This statement contains information mentioned in the Stock Option Act.

  • The same applies in those instances mentioned in the Stock Option Act, section 4(2) (resignation due to age/retirement) and section 4(3) (resignation due to material breach on the part of the company, a subsidiary or an affiliate).

  • The areas included: residency right agreements not signed, medication not disposed of properly, proof of compliance with fingerprinting requirements, and other administrative issues.

  • As a matter of principle, under the Belgian Stock Option Act, the exercise of the Warrants under such circumstances should not trigger additional taxation.Further, if ZF obtains sufficient acceptances and launches a squeeze out bid in respect of the Hansen Shares and the Warrants, the restrictions on transfer will be superseded by operation of Belgian law, and ZF will be able to acquire all outstanding Warrantsby operation of Belgian law upon completion of the squeeze out process.

Related to Stock Option Act

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Parent Stock Option means any option to purchase Parent Common Stock.

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to the Optionee’s Option.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Education Act means the Education Act, R.S.O. 1990, c. E.2, as amended.

  • Section 162(m) of the Code means the exception for performance-based compensation under Section 162(m) of the Code and any applicable treasury regulations thereunder.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

  • the Administration Act means the Social Security Administration Act 1992;

  • Business Corporations Act means the Business Corporations Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act;

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Pension Act means the Pension Protection Act of 2006.